Scandinavian Property Development (SPDE), which listed on the Oslo stock exchange last week, has announced that it has decided to withdraw from ongoing negotiations about the acquisition of the Sørenga container terminal in Oslo harbour. The negotiations had been held with Hav Eiendom, a company owned by the Oslo Port Authority, that is managing the major redevelopment of the harbour area.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
